AmpliTech Group (NASDAQ:AMPG) Releases Earnings Results

AmpliTech Group (NASDAQ:AMPG) posted its quarterly earnings results on Friday. The company reported ($0.01) EPS for the quarter, Zacks reports. AmpliTech Group had a negative net margin of 44.65% and a negative return on equity of 26.65%. AmpliTech Group updated its FY 2025 guidance to EPS.

AmpliTech Group Stock Up 18.0%

Shares of AMPG traded up $0.48 during trading hours on Friday, reaching $3.14. The stock had a trading volume of 4,770,727 shares, compared to its average volume of 622,226. AmpliTech Group has a 12 month low of $0.78 and a 12 month high of $6.43. The company’s 50-day moving average is $3.78 and its two-hundred day moving average is $2.97.

Hedge Funds Weigh In On AmpliTech Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Virtu Financial LLC bought a new stake in AmpliTech Group in the third quarter worth approximately $57,000. Two Sigma Investments LP boosted its holdings in shares of AmpliTech Group by 45.7% during the 3rd quarter. Two Sigma Investments LP now owns 30,531 shares of the company’s stock worth $119,000 after buying an additional 9,570 shares in the last quarter. Squarepoint Ops LLC grew its position in shares of AmpliTech Group by 54.3% during the 3rd quarter. Squarepoint Ops LLC now owns 22,276 shares of the company’s stock worth $87,000 after buying an additional 7,837 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of AmpliTech Group by 62.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 63,051 shares of the company’s stock valued at $245,000 after acquiring an additional 24,302 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of AmpliTech Group by 3.0% in the 2nd quarter. Geode Capital Management LLC now owns 167,569 shares of the company’s stock valued at $355,000 after acquiring an additional 4,811 shares in the last quarter. 10.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of AmpliTech Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

About AmpliTech Group

AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company’s products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.